217
217
Mar 8, 2013
03/13
by
CNNW
tv
eye 217
favorite 0
quote 0
he's facing questions about government shutdown and raising the debt ceiling and these people, which include former chiefs of staff, former democratic members of congress, have all said to the president, you know what, we know you don't love doing this but try it. you'll like it more than you think you will and one of them told me that he was told that he had told his staff that he actually -- the president said, i enjoyed the dinner the other night with republicans. so you're going to be seeing him doing a lot more of this because in the end, wolf, he has nothing to lose by doing it because he can say, i tried. >> he certainly can. next week the president is going to go up to capitol hill. they won't come to the white house. he's going up to capitol hill. >> on their turf. >> he's going to meet separately with the democrats and then meet with the republicans. what's his ultimate goal right now? >> i've been told that the president believes that this is a moment, particularly this summer, when he believed he can try and get some kind of a larger budget deal, call it the grand bargain
he's facing questions about government shutdown and raising the debt ceiling and these people, which include former chiefs of staff, former democratic members of congress, have all said to the president, you know what, we know you don't love doing this but try it. you'll like it more than you think you will and one of them told me that he was told that he had told his staff that he actually -- the president said, i enjoyed the dinner the other night with republicans. so you're going to be...
125
125
Mar 8, 2013
03/13
by
KQED
tv
eye 125
favorite 0
quote 0
ceiling, we talked about the budget, i'm sure. i don't know the details of of course. but it's not a question of softening your position. it's a question of having an additional approach, extending the reach that you might have had with the republican leadership now told republican members. >> one of the things we know republicans say they very much want the president to do is give ground on entitlements. they want cuts in benefits, in benefit increases and, in fact, the president has talked about in the past raising the eligibility age for medicare, social security. he has talked about the possibility of means testing for higher income seniors. are you and the president on the same page on that? >> well, i don't actually -- i don't think -- you say the president has talked about raising the age, he's not put that forth as a propose avl as far as i know because that really doesn't save any money. what i would say is that i think we're all on the same page in saying that we want to keep our promises to our seniors and the families,
ceiling, we talked about the budget, i'm sure. i don't know the details of of course. but it's not a question of softening your position. it's a question of having an additional approach, extending the reach that you might have had with the republican leadership now told republican members. >> one of the things we know republicans say they very much want the president to do is give ground on entitlements. they want cuts in benefits, in benefit increases and, in fact, the president has...
162
162
Mar 8, 2013
03/13
by
MSNBCW
tv
eye 162
favorite 0
quote 0
ceiling. there's a period of a few months here where they believe they can get something done. i've told that the president will urge his emb, the department of office and management and budget to try to give some of the lawmakers here some structure to work with, to try to get them to buy in to work on a process, a way that would look a lot more like traditional legislating than we've seen over the last few years to try to work through some sort of a budget solution for a longer term. >> and kelly, on wednesday, the eyes of washington and much of the country were fixated on rand paul's epic filibuster. >> still being talked about. >> what that filibuster was about came to fruition yesterday, john brennan confirmed by the senate, although some high profile democrats voting against him. that is now done. >> he will be headed off to longlong -- langley to take over his new job. watching it happen in realtime here, luke, it was sort of a lonely senate floor when rand paul began and as the hours r
ceiling. there's a period of a few months here where they believe they can get something done. i've told that the president will urge his emb, the department of office and management and budget to try to give some of the lawmakers here some structure to work with, to try to get them to buy in to work on a process, a way that would look a lot more like traditional legislating than we've seen over the last few years to try to work through some sort of a budget solution for a longer term. >>...
90
90
Mar 8, 2013
03/13
by
CURRENT
tv
eye 90
favorite 0
quote 0
according to nbc news, they focused on the on-going battles over the debt ceiling the budget and the sequester apparently without throwing any cutlery. two well-fed republicans senators john mccain and mike johanns seemed pleased. >> all i can say is we had a nice evening. >> his goal is ours. we want to stop careening from crisis to crisis. >> john: the senators may have even learned something. because according to nbc news, again, when the dinner was over and i quote... >> john: to think just like bill o'reilly, all they had to do to find his cuts was just look at the white house web site on the fancy internet because some republicans might like what they see. progressives should really take a look at that, too, because the president's proposals don't necessarily show the balance he insists is necessary to deal. the president is offering republicans $930 billion in program cuts plus another $100 billion locked from social security benefits in return for $580 billion in revenue. not exactly -- progressives should take heart boehner says any additional revenue is still a deal breaker
according to nbc news, they focused on the on-going battles over the debt ceiling the budget and the sequester apparently without throwing any cutlery. two well-fed republicans senators john mccain and mike johanns seemed pleased. >> all i can say is we had a nice evening. >> his goal is ours. we want to stop careening from crisis to crisis. >> john: the senators may have even learned something. because according to nbc news, again, when the dinner was over and i quote......
119
119
Mar 8, 2013
03/13
by
FOXNEWSW
tv
eye 119
favorite 0
quote 0
. >> sean: all right, we have two other financial issues coming up, the debt ceiling and obviously, paul ryan's budget. i spoke with house majority whip kevin mccarthy earlier today. he told me the plan, we all know there's going to be a balanced budget plan in ten years, it will defund obamacare, he told me, it will save social security, it will not raise taxes. where, how should they play this knowing, predictably that president doom and gloom, president apocalypse is going to go out there and talk about closing down the white house and all those things? >> well, we know what happened when they presented something similar a couple of years ago. the president announced he was going to give a response. he gave a speech, i believe it was at american university. he had paul ryan in the front row and other republicans and then he essentially insulted them. he didn't present anything as an alternative, but what he said, that the budget that ryan had presented and here he is in the front row, he can't say a word in his defense, was essentially unamerican. so we know that once you present a bu
. >> sean: all right, we have two other financial issues coming up, the debt ceiling and obviously, paul ryan's budget. i spoke with house majority whip kevin mccarthy earlier today. he told me the plan, we all know there's going to be a balanced budget plan in ten years, it will defund obamacare, he told me, it will save social security, it will not raise taxes. where, how should they play this knowing, predictably that president doom and gloom, president apocalypse is going to go out...
134
134
Mar 8, 2013
03/13
by
FOXNEWSW
tv
eye 134
favorite 0
quote 0
what's funny, that clip reminds me of august of 2011 when we talked about this first debt ceiling issue. there would be all these problems, social security checks, national parks. none of it happened. so is the stock market reacting to finally -- by the way, this isn't even really cutting. >> that's they part. the spending is going up. it's the proverbial comment we tell our kids where you crawl before you walk, you walk before you can run. listen, eric, if justin bieber can cut spending, why can't the u.s. -- the think the market says this is a steep at least interest in the right direction. there's no budget. >> don't you think the stock market is more tied to ben bernanke and his monetary policies? >> ben is front and center and loves it. ben wilt be out in a year. this is totally a fed-supported market because, eric, with rates sub2%, you have to buy stocks to get return. >> guess what happened today? for the first time since president obama has been president, the unemployment rate is below the level when hi took over. >> how about that. took almost four years to do that. the unemp
what's funny, that clip reminds me of august of 2011 when we talked about this first debt ceiling issue. there would be all these problems, social security checks, national parks. none of it happened. so is the stock market reacting to finally -- by the way, this isn't even really cutting. >> that's they part. the spending is going up. it's the proverbial comment we tell our kids where you crawl before you walk, you walk before you can run. listen, eric, if justin bieber can cut spending,...
46
46
Mar 8, 2013
03/13
by
CNBC
tv
eye 46
favorite 0
quote 0
i'm watching vix contracts building up stress around the debt ceiling. we will be dealing with that toward the end of main as well. i can start seeing the s&p getting nervous going into those stocks. >> we have been waiting for -- i know you said you are a partial buyer but is there any merit at all in waiting for a dip or is that once again just missing the boat? >> you know what, mandy? at this point we could run up to 1600 and the dip could bring us back to where we are today. i think it is relatively safe to invest at these levels. >> where? >> and to see what may brings well first of all we see momentum going on in the market. we watch itb which is ishares home building index. that continues to get stronger and stronger. that will drag financials higher and i know we got stress test results yesterday from federal reserve. next thursday, we are going to be getting what the banks had asked for as far as raising capital from the federal reserve so the financials can continue to get a leg. another area that's interesting to us is the gold miners. these
i'm watching vix contracts building up stress around the debt ceiling. we will be dealing with that toward the end of main as well. i can start seeing the s&p getting nervous going into those stocks. >> we have been waiting for -- i know you said you are a partial buyer but is there any merit at all in waiting for a dip or is that once again just missing the boat? >> you know what, mandy? at this point we could run up to 1600 and the dip could bring us back to where we are...
161
161
Mar 8, 2013
03/13
by
CURRENT
tv
eye 161
favorite 0
quote 0
the president didn't cave on the debt ceiling. the republicans did. the president didn't cave on shutting down the government the republicans did. and the president didn't cave on getting rid of any tax reform to avoid the sequester. but i think the president knows that he has got the wind at his back right now. there was an election on these very issues the romney way or the obama way and president obama won. he knows it. i think he knows he is dealing from strength. i think he is going to hold out against these republicans and he is going to try to persuade them that they are going to have to accept new revenues. there is no way around it. the president will not accept anything less than an balanced approach of cuts and spending so, again, i think it is a good thing and in this case i think we can trust him to do the right thing. >> announcer: this is the "bill press show." ♪ compelling true stories. >> jack, how old are you? >> nine. >> this is what 27 tons of marijuana looks like. (vo) with award winning documentaries that take you inside the he
the president didn't cave on the debt ceiling. the republicans did. the president didn't cave on shutting down the government the republicans did. and the president didn't cave on getting rid of any tax reform to avoid the sequester. but i think the president knows that he has got the wind at his back right now. there was an election on these very issues the romney way or the obama way and president obama won. he knows it. i think he knows he is dealing from strength. i think he is going to...
144
144
Mar 8, 2013
03/13
by
CNBC
tv
eye 144
favorite 0
quote 0
we do have sequestration and the debt ceiling and the potential for qe to potentially end, but i think expectations are fairly low for the first quarter. again, i think the second half of the year is very -- could be very powerful and that's not just housing. auto sales remain strong and housing and manufacturing really making a comeback. you get those together and the earnings picture gets better and valuation is not affected. >> i like what you're talking about on dividends. i think it's very interesting. ilike to pose a question to you and the entire panel. if the economic fundamentals outside the fed are so great, then why aren't these businesses finding great things to do with the money versus stockpiling it and then having all of the advocates try to get it pushed back into dividends and passed back to the public? >> well, we know the answer because they have been saying this. there's too much uncertainty and the regulatory environment, and until we -- >> really, the fundamentals aren't that great then? >> and they are sitting on cash. >> well, m & a has tripled from last year so
we do have sequestration and the debt ceiling and the potential for qe to potentially end, but i think expectations are fairly low for the first quarter. again, i think the second half of the year is very -- could be very powerful and that's not just housing. auto sales remain strong and housing and manufacturing really making a comeback. you get those together and the earnings picture gets better and valuation is not affected. >> i like what you're talking about on dividends. i think...
128
128
Mar 8, 2013
03/13
by
CNBC
tv
eye 128
favorite 0
quote 0
ceiling, that will kraelt t create the bigger impetus. >> tax reform. i am particularly interested in corporate tax reform in fact it is my opinion humbly the single most important potential pro growth measure possible. lower the rates, broaden the base for both large and small businesses. is that going anywhere in the house? >> look, i'm pathologically optimistic on that. i had a discussion with david camp on the floor of the house two days ago and he's a great guy. he does seem to be driving this. it may be the single most important thing that could come out over the next couple of months because it might be the one thing where the right and left could have a common vision that we need to grow the economy and you do it through tax cuts. >> the president said he supports lowering the corporate tax rates. what will the republicans bring to the table? >> first, a huge portion of our corporations are now are pass through entities, the llcs, the s corporations. the old days of we'll do corporate tax and everybody else is screwed. i'm sorry that world is di
ceiling, that will kraelt t create the bigger impetus. >> tax reform. i am particularly interested in corporate tax reform in fact it is my opinion humbly the single most important potential pro growth measure possible. lower the rates, broaden the base for both large and small businesses. is that going anywhere in the house? >> look, i'm pathologically optimistic on that. i had a discussion with david camp on the floor of the house two days ago and he's a great guy. he does seem to...
128
128
Mar 8, 2013
03/13
by
KQED
tv
eye 128
favorite 0
quote 0
but i really would keep an eye on, once again, the debt ceiling debate that we're going have come may, june july. >> i'm resisting here. but to move on to another phenomenon this week which was the filibuster by rand paul. he had a lot of republicans praising him, right off the bat. and then 24 hours later he got hammered by john mccain, lindsey graham. so what do you make of the divisions there? >> well, it's very interesting. first of all i would say it's not particularly senatorial to call your colleague a wacko bird. that is an interesting way to get a lock with everybody, that is what senator mccain had to say about senator paul. look there are a bunch of divisions be within the republican party, social con serving difficult, fiscal conservatives, isolationist, neokonst, democracy promoters and this is another one between the libertarians an those who believe in strong, executive authority. and particularly during the war on terror. we -- hear a lot from that group during the bush-- mrtion. now you have a democratic president, that may have enhanlsed it a little bit. i thought th
but i really would keep an eye on, once again, the debt ceiling debate that we're going have come may, june july. >> i'm resisting here. but to move on to another phenomenon this week which was the filibuster by rand paul. he had a lot of republicans praising him, right off the bat. and then 24 hours later he got hammered by john mccain, lindsey graham. so what do you make of the divisions there? >> well, it's very interesting. first of all i would say it's not particularly...
119
119
Mar 8, 2013
03/13
by
MSNBCW
tv
eye 119
favorite 0
quote 0
dyson, can you imagine, sir, how well the economy might be doing if we hadn't had the self-inflicted debt ceiling crisis, if we hadn't had the self-inflicted fiscal cliff crisis, and if we hadn't had the self-inflicted sequester crisis? can you imagine that? >> it would be extraordinary. because what that would mean is that the american public would benefit from our politicians in a very substantive fashion. you use the word empirical. we know what it means, it means that would i falsified or va fied through the census. we have enough sense to understand what is at stake. what is at stake is either the republicans safeguard their narrow ideological barn so they can continue to stack up hay with their own followers or they let the horses out the barn and let everybody feed freely. sorry for that analogy. the point is this, that america is being cooped up in a very narrow way by the very vicious ideology of the far right wing and the broad pastures of america need to be grazed in by those who have benefited, by those who should benefit from it. we have worked very hard here. all the crises
dyson, can you imagine, sir, how well the economy might be doing if we hadn't had the self-inflicted debt ceiling crisis, if we hadn't had the self-inflicted fiscal cliff crisis, and if we hadn't had the self-inflicted sequester crisis? can you imagine that? >> it would be extraordinary. because what that would mean is that the american public would benefit from our politicians in a very substantive fashion. you use the word empirical. we know what it means, it means that would i...
233
233
Mar 8, 2013
03/13
by
CNBC
tv
eye 233
favorite 0
quote 0
ceiling mess. you're fought going to have a big government shutdown. you have a 0.5% drag from the sequester and that's about it and you know wa you're dealing with. >> what made me feel a little bit better about what you just said, so many people are saying this is a fed fueled stock market rally. and that is true to some extent. but you just talked about all of the underpinnings of the economy that are benefiting from the fed policy which justify the move in march. so it's not just like some -- something that only affects the wealth effect in stock markets. the underlying economy is reflecting the low rates, which is helping underpin the market. >> the fed easying policy is inefficient, but it's working. they're kind of, okay, it doesn't work that efficiently, so we're going to do a lot of it and is it's actually working to help the interest sensitive sectors. the household net worth just came in for the end of december and the flow of funds. we almost got back to the old highs. as of this mornin
ceiling mess. you're fought going to have a big government shutdown. you have a 0.5% drag from the sequester and that's about it and you know wa you're dealing with. >> what made me feel a little bit better about what you just said, so many people are saying this is a fed fueled stock market rally. and that is true to some extent. but you just talked about all of the underpinnings of the economy that are benefiting from the fed policy which justify the move in march. so it's not just like...
139
139
Mar 8, 2013
03/13
by
FOXNEWSW
tv
eye 139
favorite 0
quote 0
ceiling limitation debates and the fiscal cliff in january and now the sequester. i think it's incredible that the economy has held up as well as it has and i am very war lead about going forward. jenna: steve i'm going to ask you about higher gas price whes we comwhen we come back we. have to take a quick commercial break. many viewers are concerned with the higher gas prices. also coming up osama bin laden's son-in-law and former al-qaida spokesman pleading not guilty to conspiring to kill americans. a terrorism plot to play out in new york city, we'll bring you the very latest on that next. i'm a conservative investor. but that doesn't mean i don't want to make money. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before
ceiling limitation debates and the fiscal cliff in january and now the sequester. i think it's incredible that the economy has held up as well as it has and i am very war lead about going forward. jenna: steve i'm going to ask you about higher gas price whes we comwhen we come back we. have to take a quick commercial break. many viewers are concerned with the higher gas prices. also coming up osama bin laden's son-in-law and former al-qaida spokesman pleading not guilty to conspiring to kill...
190
190
Mar 8, 2013
03/13
by
MSNBCW
tv
eye 190
favorite 0
quote 0
ceiling crisis in the summer of 2011 through the course of trying to avoid the sequester. you know, it was interesting to me. i think it was just about a week ago, there was a story about how few republican caucus members actually knew that the president had a deficit reduction plan. and they didn't know the details of that deficit reduction plan. so i think through these meetings that the president is having, these dinners and lunches, we can make sure that the facts are actually known. and maybe if the facts are on the table, there will be a little bit more common sense. >> it is hard, though, to get the muscles exercised. i remember he first comes into office, he meets with all those conservative pundits, and then this is a big foray in his second term. this has not really been the norm for this president. >> well, the president -- i think he gets short shrift on this. he actually has done a significant amount of outreach. i remember those very long meetings that we had all summer, the summer of 2011, with people sitting around the table that the president would partici
ceiling crisis in the summer of 2011 through the course of trying to avoid the sequester. you know, it was interesting to me. i think it was just about a week ago, there was a story about how few republican caucus members actually knew that the president had a deficit reduction plan. and they didn't know the details of that deficit reduction plan. so i think through these meetings that the president is having, these dinners and lunches, we can make sure that the facts are actually known. and...
76
76
Mar 8, 2013
03/13
by
CSPAN
tv
eye 76
favorite 0
quote 0
same way that uncertainty to run the payroll tax was, in the same way to a different degree that the debt ceiling debate was. >> the president thinks the sequester [indiscernible] >> i am not an economic forecaster. the weather forecasters have had a pretty hard week. i would say that democrats and republicans both agree that the sequestered is going to have a negative impact on our economy. democrats and republicans agree to sequester will have a negative impact on job creation. analysts will save the sequester itself does little to reduce our deficit, and that is why the president is such a strong advocate of the proposal of a balanced approach, where we can make some smart targeted cuts in government spending, get some savings from entitlement programs, and can close loopholes that only about the cost benefit the wealthy. that kind of approach would replace that cause sequestered, yield greater deficit reduction, and most importantly which put in place a set of policies that hurt in the best interests of our economy and strengthen the chances of success for middle- class families out t
same way that uncertainty to run the payroll tax was, in the same way to a different degree that the debt ceiling debate was. >> the president thinks the sequester [indiscernible] >> i am not an economic forecaster. the weather forecasters have had a pretty hard week. i would say that democrats and republicans both agree that the sequestered is going to have a negative impact on our economy. democrats and republicans agree to sequester will have a negative impact on job creation....